Does State Street Corporation (STT) have what it takes to be a top stock pick for momentum investors? Let's find out.
Does State Street Corporation (STT) have what it takes to be a top stock pick for momentum investors? Let's find out.
State Street Corporation (NYSE:STT ) Q3 2024 Earnings Conference Call October 15, 2024 12:00 PM ET Company Participants Elizabeth Lynn - Global Head, Investor Relations Ron O'Hanley - Chief Executive Officer Eric Aboaf - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore Brennan Hawken - UBS Financial Alex Blostein - Goldman Sachs Betsy Graseck - Morgan Stanley Brian Bedell - Deutsche Bank Jim Mitchell - Seaport Global Securities Gerard Cassidy - RBC Operator Good morning, and welcome to State Street Corporation's Third Quarter 2024 Earnings Conference Call and Webcast. Today's discussion is being broadcasted live on State Street's website at investors.statestreet.com.
STT records increased revenues and expenses in the third quarter of 2024.
While the top- and bottom-line numbers for State Street (STT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
State Street Corporation (STT) came out with quarterly earnings of $2.26 per share, beating the Zacks Consensus Estimate of $2.08 per share. This compares to earnings of $1.93 per share a year ago.
CNBC's Mike Santoli, State Street's Michael Arone and KBW's David Konrad, joins 'Power Lunch' to discuss the economy, banks and earnings.
Besides Wall Street's top -and-bottom-line estimates for State Street (STT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
State Street (STT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shares of State Street Corporation (STT, Financial) have proved an excellent investment of late. The stock has delivered a total return of roughly 33% over the past year.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does State Street Corporation (STT) have what it takes?
Matt Bartolini, State Street managing director and head of SPDR Americas Research, joins CNBC's Bob Pisani on the 'Halftime Report' to discuss whether investors would flee Treasuries as yields drop and more.